No market valuation
120,000 € 2,000 €/m²
No yield data
Appears once there's enough market data
Sale190,000 €2,111 €/m²
Expected rent577 € /mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Kolhozen Pazar (116 properties)
Area
90 m²
Floor
3 / 5
Construction
Brick
Yield analysis
Low investment rating
Monthly payment843 €20% down payment · 20 yrs · 3%
Expected rent577 €at market conditions for the neighbourhood
The rent covers 68% of the payment — you top up about 266 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This apartment is priced at the typical price (the median) for 3-room apartments in Kolhozen Pazar (116 properties) — 2,111 €/m² against 1,956 €/m².
Three-room apartment in Varna city, Kolhozen pazar district. It is located on the third floor of a brick building with a total of five floors.
The layout includes a living room with a kitchenette and access to a glazed terrace, two bedrooms, one of which has its own glazed terrace, a bathroom, a toilet, and a corridor.
The property is brick-built and needs refreshing renovation. It is sold with the existing furnishings and is suitable for financing.
The location is close to Billa store and other amenities in the Kolhozen pazar area, providing easy access to urban infrastructure.
The property is suitable as a family home or investment, combining functional layout and convenient location.
With 20% down over 20 years the monthly mortgage payment is about 843 €, against an expected local rent of 577 €. The rent covers 68% of it.
Source: Market statistics for 3-room apartments in Kolhozen Pazar
Pros and cons
AI summaryPros
- functional layout
- two glazed terraces
- brick construction
- suitable for financing
Cons
- needs refreshing renovation
Layout
- living room
- bedroom
- bedroom
- bathroom
- toilet
- corridor
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
No market valuation
120,000 € 2,000 €/m²
No yield data
Appears once there's enough market data
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At market level
median 1,962 €/m² for comparable properties
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Rent covers ~ 111% of the payment
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